AP's revenue (non-JV) rose to Bt10.1b in 3Q23 (+12% yoy, +9% qoq), driven by substantialbacklogs from the low-rise segment and a newly-completed AP condo (Aspire Pinklao-ArunAmmarin). Meanwhile, the company's gross margin was maintained at a healthy level of35.5%, up from the prior year, underpinned by efficient cost management and transfers ofthe new condo project